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Croatia's Koka plans to delist from Zagreb bourse

Author Annie Tsoneva
Croatia's Koka plans to delist from Zagreb bourse Author: Zagreb bourse. License: All rights reserved.

ZAGREB (Croatia), June 21 (SeeNews) - Croatian poultry producer Koka [ZSE:KOKA] said on Tuesday its shareholders will vote on a proposal to delist its shares from the Zagreb bourse at a meeting scheduled on June 28.

Those who disagree with the proposal will be able to get a fair compensation of 460.80 kuna ($65/61euro) per share, Koka said in a filing to the Zagreb Stock Exchange (ZSE).

The shareholders will also vote on a proposal to retain the company's net profit of almost 7 million kuna for 2021, according to an invitation for the meeting filed earlier to the bourse.

Local dairy company Vindija is the majority owner of Koka with a stake of 97.09%, bourse data showed.

Koka's shares last traded on the ZSE on June 13, closing 0.90% lower at 442 kuna.

(1 euro=7.521 Croatian kuna)

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